Walmart Stock Receives Another Bullish Rating

Core Viewpoint - Walmart Inc is experiencing an unprecedented profit growth acceleration, with analysts optimistic about its future performance and price targets [1][2] Group 1: Analyst Ratings and Price Targets - Piper Sandler initiated coverage of Walmart with an "overweight" rating and a price target of $81, indicating strong growth potential [1] - The consensus 12-month price objective for Walmart is $72.80, suggesting a 4.3% upside from current levels [2] - A majority of analysts, 38 out of 41, rate Walmart stock as a "buy" or better, reflecting strong market confidence [2] Group 2: Company Performance and Developments - Walmart has achieved a year-to-date gain of 32.9%, with expectations for continued growth [1] - The company recently reached an all-time high stock price of $70.24, maintaining a record-high run since mid-May [1] - Jefferies highlighted Walmart's advancements in artificial intelligence and its plans to open five automated distribution centers, reinforcing its position as a top pick [1]